LODELU
ActiveSummary
LODELU has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €440,079 and a net result of €42,618. Equity is growing by ~16.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-1
Solvency83▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.39 in 2023; short-term debt: 18.3% and cash: 5% of total assets), and 42.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
7 d late
2023
36 d early
2022
34 d early
2021
27 d early
2020
39 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€440,079▲ 10.7%
2023 · €397,461
Total assets
€761,775▲ 10.0%
2023 · €692,433
Net result
€42,618▼ 11.0%
2023 · €47,903
Working capital
€31,716▼ 44.1%
2023 · €56,721
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,195▼ 85.0%€52,442▲ 1,150%€73,835▲ 40.8%€77,129▲ 4.5%€73,026▼ 5.3%
Net result€945within the sector's middle half▼ 95.6%€35,536above the sector's middle half▲ 3,660%€49,835above the sector's middle half▲ 40.2%€47,903above the sector's middle half▼ 3.9%€42,618above the sector's middle half▼ 11.0%
Equity€264,188above the sector's middle half▲ 145%€299,724above the sector's middle half▲ 13.5%€349,559above the sector's middle half▲ 16.6%€397,461above the sector's middle half▲ 13.7%€440,079above the sector's middle half▲ 10.7%
Total assets€469,835within the sector's middle half▲ 36.5%€680,948within the sector's middle half▲ 44.9%€664,750within the sector's middle half▼ 2.4%€692,433within the sector's middle half▲ 4.2%€761,775above the sector's middle half▲ 10.0%
Debt€205,646▼ 12.9%€381,224▲ 85.4%€315,191▼ 17.3%€294,972▼ 6.4%€321,695▲ 9.1%
Working capital-€75,153below the sector's middle half▲ 47.4%-€155,834below the sector's middle half▼ 107%-€1,167within the sector's middle half▲ 99.3%€56,721within the sector's middle half€31,716within the sector's middle half▼ 44.1%
Solvency56.2%above the sector's middle half▲ 24.9pp44.0%within the sector's middle half▼ 12.2pp52.6%within the sector's middle half▲ 8.6pp57.4%within the sector's middle half▲ 4.8pp57.8%within the sector's middle half▲ 0.4pp
Current ratio0.57within the sector's middle half▲ 0.210.50below the sector's middle half▼ 0.070.99within the sector's middle half▲ 0.491.39within the sector's middle half▲ 0.401.23within the sector's middle half▼ 0.16
Return on assets (ROA)0.2%within the sector's middle half▼ 6.1pp5.2%within the sector's middle half▲ 5.0pp7.5%within the sector's middle half▲ 2.3pp6.9%within the sector's middle half▼ 0.6pp5.6%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €761,775
Fixed assets
€590,512 ▲ 20.5%
Current assets
€171,262 ▼ 15.4%
Equity and liabilities €761,775
Equity
€440,079 ▲ 10.7%
Debt
€321,695 ▲ 9.1%
Debt's share of the balance-sheet total falls from 42.6% to 42.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€180,366▲
2023 · €161,448
Cash flow
€149,959▲
2023 · €132,221
Quick ratio
0.98▼
2023 · 1.06
Debt to equity
0.73▼
2023 · 0.74
ROE
9.7%▼
2023 · 12.1%
Interest coverage
17.36▼
2023 · 22.89
Debt ≤ 1 year
€139,546▼
2023 · €145,607
Debt > 1 year
€182,149▲
2023 · €149,365
Income taxes
€21,100▼
2023 · €25,462
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,210 | - | - | €18,490 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,459 | €41,167 | €80,867 | €84,318 | €107,340 | ▲ 27.3% |
| Other operating charges640/8 | - | €9,157 | €2,291 | €4,811 | €4,323 | ▼ 10.1% |
| Gross operating margin9900 | €47,384 | €102,766 | €156,992 | €166,259 | €184,689 | ▲ 11.1% |
| Operating profit (loss)9901 | €4,195 | €52,442 | €73,835 | €77,129 | €73,026 | ▼ 5.3% |
| Financial income75/76B | - | €1,012 | €1,013 | €3,289 | €1,082 | ▼ 67.1% |
| Recurring financial income75 | €548 | €1,012 | €1,013 | €804 | €1,082 | ▲ 34.6% |
| Non-recurring financial income76B | - | - | - | €2,485 | - | - |
| Financial charges65/66B | - | €1,563 | €4,110 | €7,054 | €10,389 | ▲ 47.3% |
| Recurring financial charges65 | €1,354 | €1,563 | €4,110 | €7,054 | €10,389 | ▲ 47.3% |
| Profit (loss) for the period before taxes9903 | €3,389 | €51,891 | €70,738 | €73,364 | €63,718 | ▼ 13.1% |
| Income taxes67/77 | €2,444 | €16,356 | €20,903 | €25,462 | €21,100 | ▼ 17.1% |
| Profit (loss) for the period9904 | €945 | €35,536 | €49,835 | €47,903 | €42,618 | ▼ 11.0% |
| Profit (loss) for the period to be appropriated9905 | €945 | €35,536 | €49,835 | €47,903 | €42,618 | ▼ 11.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €469,835 | €680,948 | €664,750 | €692,433 | €761,775 | ▲ 10.0% |
| Fixed assets21/28 | €370,535 | €523,753 | €485,594 | €490,105 | €590,512 | ▲ 20.5% |
| Intangible fixed assets21 | - | €14,644 | €9,644 | €4,644 | - | - |
| Tangible fixed assets22/27 | €370,535 | €509,110 | €475,950 | €485,461 | €590,512 | ▲ 21.6% |
| Land and buildings22 | - | €226,903 | €236,906 | €215,514 | €199,132 | ▼ 7.6% |
| Plant, machinery and equipment23 | - | €196,435 | €172,606 | €142,795 | €109,658 | ▼ 23.2% |
| Furniture and vehicles24 | - | €68,572 | €53,832 | €55,675 | €231,562 | ▲ 316% |
| Leasing and similar rights25 | - | €17,200 | €12,605 | €71,477 | €50,161 | ▼ 29.8% |
| Current assets29/58 | €99,299 | €157,195 | €179,156 | €202,328 | €171,262 | ▼ 15.4% |
| Stocks and contracts in progress3 | - | €27,440 | €52,235 | €48,350 | €34,331 | ▼ 29.0% |
| Stocks30/36 | - | €27,440 | €52,235 | €48,350 | €34,331 | ▼ 29.0% |
| Amounts receivable within one year40/41 | €32,582 | €32,517 | €34,688 | €69,920 | €48,305 | ▼ 30.9% |
| Trade receivables40 | - | €32,507 | €34,688 | €69,920 | €48,305 | ▼ 30.9% |
| Other amounts receivable41 | - | €10 | - | - | - | - |
| Current investments50/53 | €50,027 | €50,027 | €50,027 | €50,027 | €50,027 | = |
| Cash at bank and in hand54/58 | €15,503 | €43,825 | €42,206 | €31,311 | €38,396 | ▲ 22.6% |
| Deferred charges and accrued income490/1 | - | €3,385 | - | €2,720 | €203 | ▼ 92.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €469,835 | €680,948 | €664,750 | €692,433 | €761,775 | ▲ 10.0% |
| Equity10/15 | €264,188 | €299,724 | €349,559 | €397,461 | €440,079 | ▲ 10.7% |
| Contributions10/11 | - | €106,700 | €106,700 | €106,700 | €106,700 | = |
| Reserves13 | €157,488 | €193,024 | €242,859 | €290,761 | €333,379 | ▲ 14.7% |
| Distributable reserves133 | - | €193,024 | €242,859 | €290,761 | €333,379 | ▲ 14.7% |
| Profit (loss) carried forward14 | -€14,313 | - | - | - | - | - |
| Amounts payable17/49 | €205,646 | €381,224 | €315,191 | €294,972 | €321,695 | ▲ 9.1% |
| Amounts payable after more than one year17 | €31,194 | €68,195 | €129,675 | €149,365 | €182,149 | ▲ 21.9% |
| Financial debts170/4 | - | €68,195 | €129,675 | €149,365 | €182,149 | ▲ 21.9% |
| Amounts payable within one year42/48 | €174,452 | €313,029 | €180,323 | €145,607 | €139,546 | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | - | €42,999 | €50,358 | €56,778 | €75,747 | ▲ 33.4% |
| Financial debts43 | - | €25,000 | €33,351 | €39,254 | €30,072 | ▼ 23.4% |
| Credit institutions430/8 | - | €25,000 | €33,351 | €39,254 | €30,072 | ▼ 23.4% |
| Trade debts44 | €9,450 | €142,260 | €40,102 | €8,726 | €4,127 | ▼ 52.7% |
| Suppliers440/4 | - | €142,260 | €40,102 | €8,726 | €4,127 | ▼ 52.7% |
| Taxes, remuneration and social security45 | - | €34,586 | €22,501 | €17,640 | €24,726 | ▲ 40.2% |
| Taxes450/3 | - | €34,586 | €22,501 | €17,640 | €24,726 | ▲ 40.2% |
| Other amounts payable47/48 | - | €68,184 | €34,012 | €23,209 | €4,874 | ▼ 79.0% |
| Accrued charges and deferred income492/3 | - | - | €5,194 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €945 | €35,536 | €49,835 | €47,903 | €42,618 | ▼ 11.0% |
| + Depreciation and write-downs630 | €33,459 | €41,167 | €80,867 | €84,318 | €107,340 | ▲ 27.3% |
| Operating cash flow (approximation) | €34,405 | €76,703 | €130,701 | €132,221 | €149,959 | ▲ 13.4% |
| Investment in fixed assets (approximation) | - | -€194,385 | -€42,707 | -€88,830 | -€207,748 | ▼ 134% |
| Change in cash | - | €28,322 | -€1,619 | -€10,895 | €7,085 | ▲ 165% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €49,835 ▲40.2%
Net result €49,835, the highest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200,000Eq €264,188 ▲145%
2 profitable years in a row build equity to €264,188.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €21,556
Net result €21,556 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €107,911 ▲25%
Equity rises from €86,355 to €107,911.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lendelede · 1 establishment unit since 2005
Ground area
5,014 m²
Building footprint
749 m²
Volume, LiDAR
5,392 m³
Parcel 34025D0407/00E000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LODELU
since 20052.148.580.187
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025D0407/00E000 | Flanders | 5,014 m² | 1 · 749 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 261 EUR awarded · 261 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 144 EUR | 144 EUR |
| 2024 | 1 | 117 EUR | 117 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLendelede2.148.580.187
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Of 642 companies in this sector we hold annual accounts for 297. 243 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
01301Crop and animal production, hunting and related service activities
47640Retail sale of games and toys
01199Crop and animal production, hunting and related service activities
01610Support activities for crop production
46220Wholesale trade
46497Wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
55209Other holiday and short-stay accommodation
55300Accommodation
64210Activities of holding companies
70200Business and other management consultancy
74140Other specialised design activities
74201Photography, excluding press photography
77229Renting and leasing of other personal and household goods
81230Other cleaning activities
81300Landscape service activities
82990Other business support services
85599Other education
93299Other amusement and recreation activities
Contact
E-mail
info@lodelu.beLendelede
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874766883
Also
9925:BE0874766883
Registered
27-09-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.